Author: prosperplanetpulse.com

The U.S. Securities and Exchange Commission is asking publicly traded tech companies about their relationships with distributors and other business partners outside the U.S. to root out possible corruption, people said. The SEC began sending letters to companies earlier this year under its mandate to enforce the Foreign Corrupt Practices Act. The law makes it a crime to offer anything of value to a non-U.S. official to obtain business. The agency’s FCPA division is asking whether the companies have done business with a list of dozens of intermediaries across regions including Asia, Latin America and Africa, some of whom are…

S&P 500 Snaps Two-Day Losing Streak Powell said the Fed remains unchanged in its expectation that strong economic conditions will justify lowering interest rates this year. Powell Still Sees Room for Fed to Cut Rates This Year The Fed’s chairman said stronger-than-expected economic activity did not change the Fed’s expectation that lower inflation would allow it to cut interest rates. Strong Australian Services Sector Growth A Headache For RBA Activity in Australia’s services sector remains strong, sure to alarm the Reserve Bank of Australia as it continues its fight to ease inflationary pressures. Oil, gold and the dollar are surging.…

MONT-SAINT-GUIBERT, Belgium, April 04, 2024–(BUSINESS WIRE)–Regulatory News:Celyad Oncology (Brussels:CYAD) (Paris:CYAD) (NASDAQ:CYAD) (the “Company”), today announces its financial results for the fiscal year 2023 ended December 31, 2023, and provides a business update.Michel Lussier, interim Chief Executive Officer of Celyad Oncology, commented: “Over the last 2 years, Celyad Oncology has completed a significant strategic shift with the ambition to stay at the forefront of innovation in immunotherapy, and more precisely, chimeric antigen receptor (CAR) T-cell therapy. I am glad to report that, throughout the past year, the hard work and dedication of the entire Celyad Oncology team has generated remarkable achievements…

The crisis erupted last month when King Tupou VI suddenly withdrew his “confidence and consent” to the three ministries.Some of Tonga’s ministers have announced their resignations after months of a constitutional crisis with the Pacific island nation’s powerful king. Prime Minister Shaosi Sobaleni announced in parliament on Thursday that he would resign as defense minister, while one of his key allies, Fekitamoeloa Utoikamanu, accepted King Tupou VI’s demands and resigned as minister of foreign affairs and tourism. Radio New Zealand reported that Mr Sobaleni recommended that Crown Prince Tupotoa Ulukalala, a senior foreign ministry official, be appointed to replace him…

A day after a major earthquake struck Hualien City in eastern Taiwan, rubble surrounds the building in question. Nine people were killed and more than 900 injured, but experts say the island has not experienced the same level of destruction as other islands from similar earthquakes. APImages of collapsed buildings – along with videos of leaning high-rise structures – flooded news channels and the internet on Wednesday (April 3) after a powerful 7.4 magnitude earthquake struck Taiwan. It was the most powerful earthquake in a quarter century, killing nine people and injuring hundreds.In fact, the next day (April 4), authorities…

CNN — Former President Donald Trump and his allies are ramping up pressure on the Nebraska Legislature to change the way the state distributes electoral votes, an effort that will continue in November with President Joe Biden. The rematch highlights just how close the contest for 270 electoral votes is. Under the proposed changes, the state would move to a winner-take-all system, instead of the current system that divides electors between statewide winners and congressional district winners. The proposal appeared to have little traction until a last-minute push by a prominent Republican congressman brought national attention to the change. Conservative…

Written by Mariko Oibusiness reporter57 minutes agoimage source, Getty ImagesTechnology giant Amazon has announced layoffs affecting hundreds of employees in its cloud computing business.The company is changing its strategy with the brick-and-mortar store “Amazon Fresh” launched in 2020.The company announced Tuesday that it will remove its self-checkout system, called “Just Walk Out,” from all stores.The company said the layoffs will impact hundreds of roles in sales, marketing and global services, as well as hundreds of roles in its brick-and-mortar technology teams.An AWS spokesperson told the BBC: “These decisions are difficult but necessary as we continue to invest, hire and optimize…

The ice cream aisle is undergoing a transformation thanks to emerging artisan brands entering major grocery stores.Major retailers are looking for frozen dessert startups to follow ice cream giants like Edie’s and Ben & Jerry’s. For example, UK-based The London Dough Co.’s frozen dessert brand Doughlicious was launched in Whole Foods in the US in late 2023. The brand started with a line of low-calorie frozen cookie dough and gelato balls. Preservative and gluten free. Founder Kathryn Bricken told Modern Retail that many of the buyers she talks to are looking to stock better-for-you products to appeal to health-conscious shoppers.…

opinionThe show at NYIAS was weak, but will we ever get a similar buzz at a US auto show?release date: April 4, 2024Turn on JavaScript to see all available images.”This might be my last car show,” a colleague told me as we quickly caught up on a media scrum before the Hyundai Santa Cruz unveiling. The New York International Auto Show has always been a groundbreaking event, but it, and the auto show as a whole, is a pale reflection of what it once was. Media Day used to be two full days of reveals, presentations and events, not to…

(Bloomberg) – In a gleaming white hangar on Saudi Arabia’s west coast last year, Saudi business and political elites gathered to praise one of Crown Prince Mohammed bin Salman’s riskiest bets ever.Most Read Articles on BloombergThe first electric car assembled in Saudi Arabia with Lucid Group Inc. gleams under the factory spotlight, showing how the oil-built kingdom is attracting foreign capital and becoming a global hub for future industry. Designed to show to the world.The short-term reality is more complex. California-based Lucid is increasingly siphoning off Saudi funds to keep its operations afloat. Last week, it received a $1 billion…